ATO warns SMSFs on impacts of new insolvency legislation
Tony Zhang
The ATO has provided new details on how the new insolvency legislation could have an impact on new and existing SMSFs.
The ATO has provided new details on how the new insolvency legislation could have an impact on new and existing SMSFs.
The SMSF Association and NTAA have stressed the need for a transitional period for the streamlined TBAR system, with SMSF professionals alre
SMSF services provider Dixon Advisory has filed for voluntary administration, with the company facing an increasing number of claims and pot
As the federal election draws closer, the shadow treasurer has looked to assure voters that Labor will not be taking previous tax policies s
Industry Super Australia estimates that South Australian workers lost $283 million in unpaid super contributions in the 2018-19 financial ye
Statewide Superannuation has been ordered to pay $4 million after collecting fees for insurance cover that didn’t exist from thousands of
The Tax Institute says the streamlined system for transfer balance account reporting for SMSFs should not commence until 1 July 2023, given
With consumers and SMSFs increasingly being targeted with marketing to invest in crypto-assets, ASIC has issued a warning urging SMSFs to co
The SMSF Association has made the decision to postpone its national conference to April due to the current health landscape and additional r
Advisers who delay dealing with legacy pensions before the start of the government’s proposed two-year exit measure may expose clients to
Australia’s securities regulator is starting the year with some stern words for the insurance sector.
With greater numbers of younger clients setting up SMSFs, considering the insurance needs for the fund in the investment strategy is becomin
With additional requirements and delays in work being sent to auditors, one audit firm fears there will be a “tsunami of work” hitting S
The Australian Law Reform Commission (ALRC) is seeking feedback from the industry on a recent report that argued that laws regulating corp
While the government has announced it will review the controversial non-arm’s length income rules, SMSF professionals have been warned aga
SMSFs should be wary of views suggesting that adult children can qualify as financial dependents simply by receiving regular payments, a tec
The latest COVID outbreak is slowing down SMSF audit processes and creating chaos for SMSF firms, with some clients unable to respond to que
SMSF professionals have been reminded of some of the vital steps and considerations with commencing pensions, including more recent changes
The use of various entities to jointly qualify for the “sophisticated investor” status will need to navigate various legal hurdles, espe
With investments such as term deposits seeing minimal returns, there has been increased investment by SMSFs in non-standard investments such
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